DCM Shriram Limited has informed the Exchange about Investor Presentation
DCMSHRIRAM · price
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DCM Shriram reported strong FY25 results with consolidated net revenue of ₹12,077 crore (up 11% YoY), PBDIT of ₹1,472 crore (up 35%) and PAT of ₹604 crore (up 35%). Q4 FY25 PAT jumped 52% to ₹179 crore on revenue of ₹2,877 crore (up 20%). The Chemicals & Vinyl segment was the standout, with PBIT surging 343% to ₹407 crore, helped by a new 850 TPD caustic capacity, a 120 MW power plant, and lower input costs. Sugar & Ethanol PBIT fell 28% to ₹304 crore due to higher sugarcane prices and lower recovery. The Board recommended a final dividend of 170% (₹53 crore), taking total FY25 dividend to 450% (₹140 crore). ROCE improved to 14.0% from 13.6%, and net debt was largely flat at ₹1,395 crore despite capex of ~₹800 crore in CWIP reduction.
Strong chemicals-led earnings growth and margin expansion, supported by newly commissioned projects, should be positive for the stock. The dividend yield is healthy, and management's guidance points to further volume-driven growth from upcoming downstream projects (ECH, Aluminium Chloride, Fenesta Aluminium). Sugar & Ethanol remains a near-term drag but is expected to stabilize on firmer prices and lower domestic stocks.